When reviewing vendor sales results from the third quarter the market looked like it still had a bit of life when the economic woes centered on higher fuel prices and the housing implosion had yet to reach Wall Street. This may be the best quarter the ma
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Heelys Explores Strategic Alternatives After Tough Q3
Heelys Inc. has retained Houlihan Lokey as financial advisor to evaluate possible strategic alternatives to increase shareholder value. It also reported a sharp Q3 earnings decline on a 52.3% revenue freefall…
Deckers Discusses Broadening Product Line, Retail Plans at Annual Investor’s Day
Deckers Corp. laid out three main opportunities for growth of its juggernaut UGG brand at its annual investors’ day last week and provided updates on its plans for Simple, Teva and Tsubo. As expected, analysts focused much of their attention on how Decker
Deckers Discusses Broadening Product Line, Retail Plans and Tougher Patent Enforcement at Annual Investors’ Day
Deckers Corp. laid out three main opportunities for growth of its juggernaut Ugg brand at its annual investors’ day last week and provided updates on its plans for Simple, Teva and Tsubo. The company expects to open up to 30 shops in the United States, A
Heelys Explores Strategic Alternatives
Heelys Inc. said its board had retained investment bank Houlihan Lokey as financial advisor to help it evaluate possible strategic alternatives to increase shareholder value. In August, the company's board had rejected a $5.25 a share cash bid by riv
At WSA, Silence Was Not Golden
The recently concluded WSA show highlighted some major footwear trends for Spring 2009.
WSA Sees Gravitation to Hybrid Footwear
WSA higlighted some key trends for Spring 2009, exemplified by a blurring of the lines between categories and a solid trend toward hybridization. Namely, the WSA has noted a recent gravitation towards hybrid footwear…
Genesco Provides Insight to Mall Trends
Reacting to an analyst's comments at last week's WSA Financial Conference sponsored by Susquehanna International Group that suggested that the skate category was slowing, and subsequent comments from Skechers suggesting the same, executives at G
Exxel Outdoors Hires VP of Sales
Michael Gamble has been named the new Vice President of Sales for Exxel Outdoors Inc. Gamble was previously a Regional Territory Sales Manager for Rocky Brands, Inc, and held management positions with Skechers USA, Hartwell Industries and Georgia Boot Com
Exxel Outdoors Lands New VP of Sales
Michael Gamble has been named the new Vice President of Sales for Exxel Outdoors Inc., a manufacturer and distributor of outdoor gear and apparel to discount chains, including Wal-Mart, Target and Dicks' Sporting Goods. Formerly Regional Territory Sa
Sport Softgoods Sales Come in Flat for Q1…
The industry saw relatively flat sales of softgoods for the first quarter, according to data compiled by retail point-of-sale service SportScanINFO. A decline in Sport Footwear sales in the quarter ending May 3 were offset by a modest rise in Sport Appar
Famous Footwear Sees Athletics on the Rebound
Famous Footwear reported a dismal first quarter with comps down 7.4% and operating earnings plunging 64%. But Joe Wood, president of Brown Shoe Retail, noted that the athletics category, while down 2.7% in the quarter, has gained momentum, especially in A
Shoe Carnival To Reduce SKUs…
Coming off a tough Q4 and reacting to a challenging economic climate, Shoe Carnival plans to reduce the number of SKUs in its stores but maintain deeper size runs in order to reduce out of stock days in key products. Given the rising prices coming out of
Famous Footwear Fourth Quarter Profits Fall…
Hurt by lower sales and a highly promotional climate, Famous Footwear's fourth quarter operating earnings fell 40% to $13.4 million from $22.5 million a year ago. On a conference call with analysts, Joe Wood, president, Brown Shoe Retail, noted that
Worldwide Inc Names Men’s Footwear and Athletic Buyer
Worldwide Inc, a Seattle-based buying group for independent retailers, has appointed TJ Southwell as Men’s Footwear and Athletics Buyer succeeding Pat Dalton who has left the company to pursue other interests after 16 years…
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